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Carl Shanks Trust is a private trust based in CHICAGO, IL. The foundation received its IRS ruling in 1996. The principal officer is % Jp Morgan Chase Bank Na. It holds total assets of $1.3M. Annual income is reported at $362K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Carl Shanks Trust has made 12 grants totaling $294K, with a median grant of $19K. The foundation has distributed between $67K and $155K annually from 2022 to 2024. Grantmaking activity was highest in 2023 with $155K distributed across 6 grants. Individual grants have ranged from $17K to $39K, with an average award of $25K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Texas. Contributions to this foundation are tax-deductible.
Carl Shanks Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in TX.
Carl Shanks Trust has distributed a total of $294K across 12 grants. The median grant size is $19K, with an average of $25K. Individual grants have ranged from $17K to $39K.
Carl Shanks Trust typically selects its grantees rather than accepting unsolicited proposals.
Carl Shanks Trust is headquartered in CHICAGO, IL.
Total Giving
$93K
Total Assets
$1.3M
Fair Market Value
$1.7M
Net Worth
$1.3M
Grants Paid
$67K
Contributions
$0
Net Investment Income
$53K
Distribution Amount
$80K
Total: $1.2M
Total Grants
12
Total Giving
$294K
Average Grant
$25K
Median Grant
$19K
Unique Recipients
3
Most Common Grant
$19K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Texas Scottish Rite HospitalGENERAL | Dallas, TX | $17K | 2024 |
| W I Cook FoundationGENERAL | Fort Worth, TX | $33K | 2024 |
| Cal Farley'S Boys RanchGENERAL | Amarillo, TX | $17K | 2024 |
| 2020 | 990PF | View |
| 2019 | 990PF | View |
| 2018 | 990PF | View |
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